2602 E Hallandale Beach Blvd #R2805HallandaleFL33009
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hallandale at 2602 E Hallandale Beach Blvd #R2805, Hallandale, FL, 33009 earns $1,573/mo cash flow from $5,124/mo rent with a $2,619/mo payment. Total monthly income totals $5,124/mo, and annual cash flow totals $18,879/yr on $176,015 capital. ROI tracks 30.79% on current figures, and rental yield reads 11.49% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 161.74% and total cumulative return in cash sums $284,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,124/mo property income instead of your personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33009, Hallandale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,110 (100%) |
| Owner Occupied HU | 11,140 (35.8%) |
| Renter Occupied HU | 10,432 (33.5%) |
| Vacant Housing Units | 9,538 (30.7%) |
| Median Home Value | $364,881 |
| Average Home Value | $441,762 |
Housing Distribution
Address Breakdown
Residential
26,501
Single Family
8,209
Multi-Family
18,292
Businesses
2,056
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Listed by: Debora Pludwinski • EXP Realty LLC
Mls Name: MIAMI
Mls ID: #A11818128